Royal Bank of Canada increased its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND – Free Report) by 1.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 641,859 shares of the exchange traded fund’s stock after purchasing an additional 6,964 shares during the period. Royal Bank of Canada’s holdings in Pimco Total Return ETF were worth $59,230,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the stock. Procyon Advisors LLC raised its position in Pimco Total Return ETF by 2.2% in the first quarter. Procyon Advisors LLC now owns 5,632 shares of the exchange traded fund’s stock valued at $520,000 after purchasing an additional 122 shares during the period. Beacon Financial Advisory LLC boosted its position in shares of Pimco Total Return ETF by 1.0% during the fourth quarter. Beacon Financial Advisory LLC now owns 12,659 shares of the exchange traded fund’s stock worth $1,178,000 after buying an additional 129 shares during the period. Founders Financial Securities LLC grew its stake in shares of Pimco Total Return ETF by 3.9% in the first quarter. Founders Financial Securities LLC now owns 3,437 shares of the exchange traded fund’s stock valued at $318,000 after buying an additional 129 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Pimco Total Return ETF by 40.6% in the first quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 129 shares in the last quarter. Finally, Barnes Wealth Management Group Inc raised its holdings in shares of Pimco Total Return ETF by 0.4% in the 3rd quarter. Barnes Wealth Management Group Inc now owns 34,098 shares of the exchange traded fund’s stock valued at $3,183,000 after buying an additional 129 shares during the period.
Pimco Total Return ETF Trading Down 0.3%
BOND stock opened at $90.49 on Friday. The business’s fifty day moving average price is $91.55 and its 200 day moving average price is $92.42. Pimco Total Return ETF has a 12-month low of $90.36 and a 12-month high of $94.68. The company has a market capitalization of $8.42 billion, a PE ratio of 1.60 and a beta of 0.27.
Pimco Total Return ETF Profile
The PIMCO Active Bond Exchange-Traded Fund (BOND) is an exchange-traded fund that is based on the Barclays U.S. Aggregate index. The fund is an actively managed portfolio that aims to maintain a consistent level of dividend income by investing in a broad array of fixed income sectors and utilizing income efficient implementation strategies. BOND was launched on Mar 1, 2012 and is managed by PIMCO.
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